Large public wiki
From DoWire Wiki
A large public wiki is not a clearly defined term but refers generally to any public wiki that grows beyond a certain size, usually over 150 active users - see Law of 150.
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politics
A large public wiki has a politics of its own.
Some of the largest, notably Wikipedia, but also some smaller contentious ones like Wikocracy, Disinfopedia and Green Party of Canada Living Platform, have hosted complex arguments about wiki polity and wiki governance and how they must guide wiki management. Most wiki best practice actually comes from this discourse.
Most wikis try to use consensus decision making and deliberative democracy methods as much as possible, as the tool itself (wiki) supports and encourages. But such a consensus democracy typically scales poorly and a more typical sort of participatory democracy usually emerges.
politics and economics
As the scale increases the parallels with representative democracy and the need to divide into political party-like structures to create competing policy and muster support will probably come to dominate as it has IRL: troll factions that struggle for or against administrator restrictions on such large public wikis, often explicitly calling for wiki regime change or even acting as troll insurgents, are often compared to the political realities of representative democracy in waiting.
Some think this carries the virtual community conceptual metaphor too far, but others observe that MMORPG environments have the same problems, though they are more focused on the game economy and the fairness concerns in game currency.
While there are some discussions of how to create revert currency in wikis to reflect reputation and social capital as a form of quasi-financial token, so far these have not been implemented. Disputes in wikis seem easier to resolve in words than by any market method. So far.
global significance?
Thus the wikis may be encountering the politics as the games encounter the economics, to eventually merge in a new political economy that is stable and seen as fair by most users, perhaps even a global ethic. If large public wikis are indeed the most efficient way to mediate ethical disputes or political disputes, then, we have an obligation to use them.
An alternative view is that this is all nonsense since wikis are not actually used to make life and death decisions enforced by violence. This is challenged by the use of political wikis in specific parties or movements, e.g. libertarianwiki or Green Party of Canada Living Platform, which do in fact seek to create policy statements on which to ally in the real life political arena - and, potentially, in the street.
Wikocracy
You may also want to check out Wikocracy, an open wiki that allows anyone to write and revise the law.